World's Largest Privately-Owned Language Services Company Hears from the Former Secretary of State on Global Leadership as Staff from 16 Countries Convene for Annual Summit

NEW YORK, NY, January 12, 2008–Former Secretary of State, General Colin Powell, USA (Ret.) delivered remarks today on global leadership to the entire staff of TransPerfect, the largest privately-owned language services company in the world. The speech came during TransPerfect's annual summit where staff members gathered from more than fifty offices worldwide.

"Today we are proud to welcome our team of over 750 global professionals to New York City, both to celebrate our first 15 years of business and to attend a series of advanced training and professional development sessions designed to keep us competitive for our next 15 years in business," said Phil Shawe, Co-Founder of TransPerfect.

"Having a commitment to our people is one of our core values at TransPerfect. Educational and professional development programs, such as this conference, are one of the ways in which we fulfill that commitment. We are honored to have General Colin Powell share his insights from a lifetime of successful leadership," added Co-Founder Liz Elting.

About TransPerfect
TransPerfect is a family of companies including TransPerfect Translations, Translations.com, and Deal Interactive, as well as specialized Staffing, Deposition Services, Document Management, Transcriptions, and Multicultural Marketing divisions. With 2007 annual revenue of $156 million and more than 750 full-time employees, TransPerfect is the largest privately held language service provider in the world. From over 50 offices on 4 continents, TransPerfect offers a full range of services in over 100 languages to multinationals worldwide. These services include translation, interpretation, transcription, multilingual typesetting/graphic services, staffing solutions, website globalization, software localization, subtitling/voiceovers, multicultural marketing, document management, and litigation support. With a network of over 4,000 linguists and subject-area specialists worldwide, TransPerfect is the largest translation company to be fully ISO 9001:2000 certified. TransPerfect is headquartered in New York and has regional headquarters in London and Hong Kong. For more information, please visit our websites at www.transperfect.com andwww.translations.com.